The table below looks at the statistics for Stress Testing skills in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited Stress Testing over the 3 months to 31 August 2016 with a comparison to the same period over the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
31 Aug 2016
Same period 2015 Same period 2014
Stress Testing
Rank 174 183 197
Rank change year-on-year
+9 +14
Contract jobs citing Stress Testing 4 19 12
As % of all contract IT jobs located in the City of London 0.12% 0.35% 0.21%
As % of the Processes & Methodologies category 0.13% 0.43% 0.26%
Number of daily rates quoted 4 18 10
Median daily rate £663 £600 £534
Median daily rate % change year-on-year
+10.41% +12.41%
90% offered a daily rate of more than £545 £464 £411
10% offered a daily rate of more than £675 £625 £575
UK excluding London median daily rate £335 £305 £325
% change year-on-year
+9.92% -6.23%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £32.50 -
Stress Testing
London

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the City of London region.

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
2999 4424 4661
As % of all contract IT jobs located in the City of London 86.23% 82.29% 80.13%
Number of daily rates quoted 2399 3494 3452
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £350 £325 £313
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 22 43 46
Median hourly rate £17.25 £21.50 £22.00
Median hourly rate % change year-on-year
-19.76% -2.27%
90% offered a hourly rate of more than £12.50 £13.00 £16.00
10% offered a hourly rate of more than £50.00 £40.00 £36.50
UK excluding London median hourly rate £31.00 £32.50 £25.75
% change year-on-year
-4.61% +26.21%

Stress Testing
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Stress Testing as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Stress Testing Jobs Demand Trend in the City of London

Stress Testing
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Stress Testing across the City of London region.

Stress Testing Daily Rate Trend in the City of London

Stress Testing
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Stress Testing across the City of London region over the 3 months to 31 August 2016.

Stress Testing Daily Rate Histogram in the City of London

Stress Testing
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Stress Testing across the City of London region.

Stress Testing Hourly Rate Trend in the City of London

Stress Testing
Top 30 Related IT Skills in the City of London

For the 6 months to 31 August 2016, IT contractor jobs citing Stress Testing also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Stress Testing.

1 9 (81.82%) Finance
2 8 (72.73%) Banking
3 6 (54.55%) Credit Risk
4 5 (45.45%) Market Risk
5 4 (36.36%) Management Information System
5 4 (36.36%) Risk Management
6 3 (27.27%) SAS
6 3 (27.27%) Project Management
6 3 (27.27%) Investment Banking
6 3 (27.27%) Business Analysis
6 3 (27.27%) Agile Software Development
7 2 (18.18%) Credit Risk Modelling
7 2 (18.18%) Unit Testing
7 2 (18.18%) Relational Database
7 2 (18.18%) Analytical Skills
7 2 (18.18%) Mathematics
7 2 (18.18%) Degree
7 2 (18.18%) User Acceptance Testing
7 2 (18.18%) System Testing
7 2 (18.18%) Base SAS
7 2 (18.18%) Foreign Exchange (FX)
7 2 (18.18%) Stakeholder Management
7 2 (18.18%) Fixed Income
8 1 (9.09%) Summit
8 1 (9.09%) Front Office
8 1 (9.09%) Change Management
8 1 (9.09%) PowerDesigner
8 1 (9.09%) PRINCE
8 1 (9.09%) MATLAB
8 1 (9.09%) Star Schema

Stress Testing
Top Related IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (27.27%) SAS
Business Applications
1 1 (9.09%) Summit
Database & Business Intelligence
1 2 (18.18%) Base SAS
1 2 (18.18%) Relational Database
2 1 (9.09%) Data Warehouse
2 1 (9.09%) Star Schema
Development Applications
1 1 (9.09%) PowerDesigner
General
1 9 (81.82%) Finance
2 8 (72.73%) Banking
3 3 (27.27%) Investment Banking
4 1 (9.09%) Front Office
Job Titles
1 3 (27.27%) Analyst
2 2 (18.18%) Business Analyst
2 2 (18.18%) Consultant
2 2 (18.18%) Developer
2 2 (18.18%) Risk Analyst
2 2 (18.18%) SAS Modeller
3 1 (9.09%) Applications Tester
3 1 (9.09%) Credit Risk Analyst
3 1 (9.09%) Credit Risk Developer
3 1 (9.09%) Governance Analyst
3 1 (9.09%) IT Project Manager
3 1 (9.09%) Market Analyst
3 1 (9.09%) Market Risk Analyst
3 1 (9.09%) Market Risk Business Analyst
3 1 (9.09%) Project Consultant
3 1 (9.09%) Quantitative Developer
3 1 (9.09%) Senior Tester
3 1 (9.09%) Senior Web Tester
3 1 (9.09%) VBA Developer
3 1 (9.09%) Web Tester
Libraries, Frameworks & Software Standards
1 1 (9.09%) HTML
1 1 (9.09%) HTML5
Miscellaneous
1 6 (54.55%) Credit Risk
2 5 (45.45%) Market Risk
3 4 (36.36%) Management Information System
4 2 (18.18%) Analytical Skills
4 2 (18.18%) Fixed Income
4 2 (18.18%) Foreign Exchange (FX)
4 2 (18.18%) Mathematics
5 1 (9.09%) Credit Derivative
5 1 (9.09%) Data Structures
5 1 (9.09%) Derivative
5 1 (9.09%) Economics
5 1 (9.09%) Physics
5 1 (9.09%) Statistics
Processes & Methodologies
1 4 (36.36%) Risk Management
2 3 (27.27%) Agile Software Development
2 3 (27.27%) Business Analysis
2 3 (27.27%) Project Management
3 2 (18.18%) Credit Risk Modelling
3 2 (18.18%) Stakeholder Management
3 2 (18.18%) System Testing
3 2 (18.18%) Unit Testing
3 2 (18.18%) User Acceptance Testing
4 1 (9.09%) Analytics
4 1 (9.09%) Credit Risk Management
4 1 (9.09%) Cross-Browser Compatibility
4 1 (9.09%) Greeks
4 1 (9.09%) Logical Data Model
4 1 (9.09%) Manual Testing
4 1 (9.09%) Non-Functional Testing
4 1 (9.09%) Process Improvement
4 1 (9.09%) Quantitative Risk Management
4 1 (9.09%) SDLC
4 1 (9.09%) Target Operating Model
Programming Languages
1 1 (9.09%) C++
1 1 (9.09%) MATLAB
1 1 (9.09%) SQL
1 1 (9.09%) VBA
Qualifications
1 2 (18.18%) Degree
2 1 (9.09%) CFA
2 1 (9.09%) PMP
Quality Assurance & Compliance
1 1 (9.09%) MiFID
Vendors
1 1 (9.09%) Murex